E.S.L.A. PLC announces to the public the re- opening of the E.S.L.A. PLC 1 2-year GHS-denominated bond which was originally issued on 13th January 2020. This issuance will re-open on Tuesday, 24th March 2020, and will constitute Tranche E4-B under the GHS 10 billion bond programme.

The target size of Tranche E4B is GHS 600 million and the minimum and maximum sizes the Issuer will accept are GHS 300 million and GHS 1,867,234,000 respectively. The bonds will mature on 29th December 2031.

E.S.L.A PLC has, since inception, issued bonds worth GHS 7.094 billion. This amount is the total of issuances in November 2017 (7-year tranche E1 and 10-year tranche E2), January 2018 (re-opening of 10-year tranche E2-B), August 2018 (re-opening of 10-year tranche E2-C), June 2019 (10 year tranche E3) and January 2020 (12 year tranche E4). A buyback and subsequent cancellation of bonds worth GHS 664 million in June 2019 brought total outstanding bonds under the programme to GHS 6.430 billion.

Proceeds from the upcoming issuance will be used to settle outstanding legacy debt and other energy sector obligations.